Reweighting the Dow Jones Industrial Average

There are thirty stocks in the Dow Jones Industrial Average (Index: DJI ), the U.S. stock market's oldest running index . Unlike the S&P 500 (Index: SPX ), the market capitalization-weighted index that's overtaken it as standard for measuring the performance of the U.S. stock market, the component stocks of the DJI are weighted according to their price. For example, the stock of Goldman Sachs…